SMRT

[NTL]

If I am in your situation, I will cut loss and move on. Reason is simple: It no longer meet the objective of investing in it at 1st place.

In my short 6yrs of investing, I had learnt to cut loss and move the funds to something else that has a higher probability to go up, or better dividend. Even when the price of a share that I am holding is going too high for my comfort, I will also sell off and move on. If there nothing to buy, I will hold cash until I find something for myself. After the sale, whether it goes up from there, or go down, it no longer my concern. So far, this "trick" had been working. Until a point in time when this no longer work, then I will have to think of another "strategy"...

Congratulations!
i know of a stock remisier who favours your practice. She calls it like the art of "Bonsai Pruning". It's really not easy to cut loss and move on due to our psychology of afraid to admit we are wrong. i am guilty too. i am a little "better" at taking profit only and collect all the rubbish.

That's why once you are in the stock markets for some years, it's very hard for most of us to sell everything and start from scratch again. Start a brand new portfolio that is. Anyone has done it?

My portfolio is very different from what I started off. The only one company that I been holding for 6yrs is M1. The rest are dropped, swapped or added. Had paid alot for my "education"....

And why you are holding to M1?

Coz as a mid cap, it is still paying me a good enough dividend. I don't really analyze the companies as detail as the others here...